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Vehicle Scanner Market by Scanner, Structure, Application, Technology, Component - Global Forecast to 2025 - ResearchAndMarkets.com

February 1, 2019

DUBLIN--(BUSINESS WIRE)--Feb 1, 2019--The “Vehicle Scanner Market by Scanner (fixed, portable), Structure (drive-through, UVSS), Application (Critical Infrastructure Protection, Commercial), Technology (Sensing, Illuminating, Scanning, Imaging, Processing), Component-Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The global vehicle scanner market is estimated to grow from USD 1.5 billion in 2018 at a CAGR of 6.28% to reach USD 2.3 billion by 2025.

The growth of the vehicle scanner market is driven because of the increasing security and safety concerns worldwide. Buyers are installing the vehicle scanning technology in their premises as it helps in identifying immediate threats, contraband, foreign objects, and others.

The vehicle scanner market is used for many applications such as military checkpoints, border crossings, airports and seaports, hotels and royal palaces, government buildings, nuclear power plants, and chemical companies. Although vehicle scanners are installed in many places, however, the growth is still slow due to the limited sale of the system.

High spending on infrastructural development will propel the growth of portable/mobile vehicle scanner system during the forecast period

The portable/mobile vehicle scanner system segment is the fastest growing vehicle scanner market. The portable scanners have high growth potential as they can be installed at any desired inspection location and require low installation cost as compared with static scanners.

Moreover, the high spending on infrastructure in the developing countries is likely to propel the vehicle scanner market for portable/mobile scanners.

North America is expected to record the largest market during the forecast period

North America is the largest vehicle scanner market, followed by the Middle East. North America is home to leading vehicle scanner manufacturers such as Gatekeeper Security, Leidos, and IRD. The North American region has faced safety and security concerns such as terrorism, contraband, and other illegal activities, which have fueled the demand for high safety and security systems in the region.

Government and private and commercial properties are focusing more on the safety concerns to combat rising threats and activities. To ensure safety and security and to minimize irregular activities, properties are installing under vehicle scanners and overhead x-ray systems for full vehicle body scanning. These factors are expected to propel the vehicle scanner market in North America.

The global vehicle scanner market is dominated by major players such as Gatekeeper Security (US), SecuScan (Germany), UVIScan (Netherlands), Leidos (US), and IRD (Canada).

Market Dynamics

Drivers

Increasing Security & Safety Concerns Infrastructure Development

Restraints

Limited Growth

Opportunities

Rise in Demand for Full Vehicle Body Scanning Encouragement From Government Facilities

Challenges

High Cost of the System Saturated Market Demand for UVSS in Developed Countries

Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Vehicle Scanner Market, By Technology Type

8 Vehicle Scanner System Market, By Scanner Type

9 Vehicle Scanner Market, By Structure Type

10 Vehicle Scanner System Market, By Application

11 Vehicle Scanner System Market, By Component

12 Vehicle Scanner Market, By Region

13 Competitive Landscape

14 Company Profiles

Advanced Detection Technology Amba Defence Bharat Electronics Cass Parking Chemring Group Dahua Technology El-Go Team Gatekeeper Security Godrej & Boyce Guardian Industries Infinite Technologies Intelliscan International Road Dynamics Leidos Omnitec Parknsecure Rapiscan Systems Safeways Systems Secuscan Shenzhen Zhonganxie Technology Tescon AG Uveye Uviscan Vehant Technologies VMI Security

For more information about this report visit https://www.researchandmarkets.com/research/2rbbxm/vehicle_scanner?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190201005328/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/01/2019 10:25 AM/DISC: 02/01/2019 10:25 AM

http://www.businesswire.com/news/home/20190201005328/en

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